FORTUNE VIEW is a freehold development along SOMMERVILLE WALK in District 13 (Macpherson / Potong Pasir), part of the OCR segment of Singapore's private residential market. The project comprises 12 units and is TOP 1999.
This profile draws on 4 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 13 (Macpherson / Potong Pasir), the immediate context for FORTUNE VIEW is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 4 sales and 0 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the FORTUNE VIEW dashboard.
- Average sale price: $2,047,500 across 4 transactions
- District 13 PSF ranking: Value tier (top 81%)
- Freehold tenure · OCR · D13 · 12 units
About FORTUNE VIEW
FORTUNE VIEW is a freehold condominium, located at SOMMERVILLE WALK in District 13 (Macpherson, Braddell) (Outside Central Region), developed by FORTUNE REALTY PTE LTD, comprising 12 residential units, completed in 1999.
As a freehold property, FORTUNE VIEW does not face lease decay concerns.
Sales Market Overview
FORTUNE VIEW has recorded 4 sale transactions with an average transaction price of $2,047,500, ranging from $1,800,000 to $2,500,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $937 psf | $1,845,000 | — |
| 2022 | 1 | $1,004 psf | $2,000,000 | ↑ 7.2% |
| 2026 | 1 | $1,222 psf | $2,500,000 | ↑ 21.7% |
FORTUNE VIEW ranks in the top 81% of condos in District 13 by average PSF.
Compared to the OCR average of $1,550 psf, FORTUNE VIEW trades 33.9% below the segment benchmark.
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Competing Condos in District 13
Side-by-side comparison against the most actively traded condos in District 13 (Macpherson, Braddell):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE WOODLEIGH RESIDENCES | 99 yrs lease commencing from 2017 | 667 | $2,230 psf | 395 |
| THE TRE VER | 99 yrs lease commencing from 2018 | 729 | $1,919 psf | 290 |
| BARTLEY RIDGE | 99 yrs lease commencing from 2012 | 868 | $1,709 psf | 271 |
| PARK COLONIAL | 99 yrs lease commencing from 2017 | 805 | $2,147 psf | 248 |
| THE POIZ RESIDENCES | 99 yrs lease commencing from 2014 | 731 | $1,867 psf | 218 |
Location Map
Map shows FORTUNE VIEW (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- FORTUNE VIEW
- Serangoon MRT
- Serangoon MRT
- Woodleigh MRT
- Lorong Chuan MRT
- Bartley MRT
- Bartley Secondary School
- Cedar Girls'
- Cedar Primary School
Nearby MRT Stations
FORTUNE VIEW is 500m from Serangoon MRT (North-East Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Serangoon | NE12 | North-East Line | 500m |
| Serangoon | CC13 | Circle Line | 500m |
| Woodleigh | NE11 | North-East Line | 800m |
| Lorong Chuan | CC14 | Circle Line | 910m |
| Bartley | CC12 | Circle Line | 1.2 km |
Nearby Schools
There are 12 schools within 2 km of FORTUNE VIEW, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bartley Secondary School | Secondary | 920m |
| Cedar Girls' Secondary School | Secondary | 1.2 km |
| Cedar Primary School | Primary | 1.2 km |
| Serangoon Secondary School | Secondary | 1.4 km |
| Red Swastika School | Primary | 1.5 km |
| Assumption Pathway School | Secondary | 1.5 km |
| Stamford Primary School | Primary | 1.5 km |
| Zhonghua Secondary School | Secondary | 1.6 km |
| Zhonghua Primary School | Primary | 1.7 km |
| Maris Stella High School (Primary) | Primary | 1.8 km |
| Maris Stella High School | Secondary | 1.8 km |
| De La Salle School | Primary | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Serangoon sits about 0.50km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 12 units, FORTUNE VIEW keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Bartley Secondary School sits about 0.92km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 4 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: FORTUNE VIEW combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 4 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for FORTUNE VIEW?
What is the rental yield for FORTUNE VIEW?
Is FORTUNE VIEW freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 4 transactions analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for FORTUNE VIEW
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 435 condo transactions recorded in District 13 over the last 12 months, 91% resale, 9% sub sale, 0% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 13 reads 118.3 as of June 2026 — up 10.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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HDB Alternatives Nearby
Weighing FORTUNE VIEW against staying public? These HDB towns sit within walking or short-drive distance: